Predictions for Maker’s price suggest possible substantial financial benefits due to its governance role within the DeFi sector. The new collaboration with VeChain aims to enhance transparency in the supply chain by utilizing blockchain to ensure ethical procurement and authenticity.
Meanwhile, BlockDAG (BDAG) ranks as the leading bullish cryptocurrency, with its innovative DAG technology and profitable X mining capabilities. It boosts transaction capacity and network efficiency, having raised $56.8M by its 19th presale stage, with 12 billion coins and 8520 miners sold. These elements position BlockDAG as an attractive option within the cryptocurrency world.
Maker (MKR) Price Projections: 2024’s Critical Movements
Maker (MKR), serving as the governance token for the Maker protocol on Ethereum, controls the DAI stablecoin system. Introduced by MakerDAO in 2015 and launched in 2017, it is 43rd in market capitalization on CoinMarketCap.
Based on technical analysis, the 2024 price forecast for MKR detects a descending triangle pattern, suggesting a possible bearish movement. Should this pattern persist, MKR might hit resistance at $2514, $3246, $4124, and $5000. Alternatively, a reversal could send MKR down to a support level at $2080.
VeChain Partnership Advances Transparency
VeChain’s latest collaboration with Concordium seeks to improve transparency in the food supply chain, adding to VeChain’s record of sustainable practices. This partnership, spotlighted by community member Eisenreich, is set to offer significant consumer advantages such as better traceability, verification of genuineness, and ethical sourcing.
Employing Concordium’s compliant Proof-of-Stake consensus and VeChain’s expertise in supply chains, the partnership bolsters data gathering and traceability in the food sector. This alliance may propel VET’s price to $0.03, buoyed by current market trends showing a price of $0.02638 with a daily increase of 3.60% and a weekly rise of 1.86%.
BlockDAG’s DAG Technology & Mining Opportunities
BlockDAG combines blockchain reliability with the swiftness of Directed Acyclic Graph (DAG) technology. Unlike conventional blockchains that link to a single precursor, BlockDAG’s structure enables each block to connect to several previous nodes, significantly improving transaction capacity and network speed. This modern method seeks to enhance blockchain networks’ efficiency and scalability.
Moreover, BlockDAG’s X mining series presents an enticing avenue for passive income. The series includes models X10, X30, and X100, each tailored to different levels of mining expertise and efficiency. The X10, ideal for newcomers, has a 100 MH/s hash rate and can yield up to 200 BDAG daily. The X30, suitable for seasoned miners, offers a 280 GH/s hash rate, while the X100, designed for extensive operations, has a 2 TH/s hash rate, capable of producing up to 2000 BDAG daily.
Mining BDAG coins offers significant passive income opportunities, exchangeable on various platforms for further profits. Additionally, BlockDAG miners are easily resalable, providing another source of income. With BDAG’s price expected to reach $10 by 2025, miners have a bright financial future. BlockDAG’s crypto mining calculator helps miners estimate their earnings, providing a positive outlook. The calculator indicates that with the predicted BDAG price, an X100 miner could generate up to $20,000 per day. This tool aids miners in anticipating potential profits and managing their operational costs efficiently, ensuring profitability.
Read CRYPTONEWSLAND onConcluding Words
While predictions for Maker’s price indicate a potential uptick and VeChain’s partnership promotes supply chain transparency, BlockDAG emerges as the leading bullish crypto. Its groundbreaking DAG technology and lucrative X mining capabilities, demonstrated by a successful $56.8M presale in its 19th phase, underscore its robust standing in the crypto world. Collectively, these factors spotlight BlockDAG’s potential for significant growth and influence.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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